On Friday, the third attempt to reach above the 1,240 level was stopped by the resistance of a large scale ascending pattern.
On Friday, the USD/JPY traded near the low levels of Thursday. However,
The decline of the GBP/USD continues, as expected, gaining new low levels.
A new low level was reached by the EUR/USD on Friday, as the pair touched the 1.1360 mark.
Gold prices once more almost touched the 1,240.00 mark. Although, the rate retreated after the attempt until it found support in the 55-hour simple moving average and prepared for another attempt to pass the just mentioned level.
The USD/JPY has reached the 112.40 mark in the aftermath of its bounce off from the support line of a dominant channel up pattern.
The decline of the GBP/USD continues, as expected, gaining new low levels.
The EUR/USD has broken the lower trend line of the ascending pattern and reached as low as the 1.1380 mark.
The yellow metal reached the 1,240.00 mark. The move occurred by simultaneously piercing the upper trend line of a dominant ascending pattern.
The USD/JPY has once more bounced off the lower trend line of a dominant ascending pattern.
The GBP/USD continues to book new low levels, as expected. On Wednesday, the currency exchange rate had touched the 1.2900 mark.
The EUR/USD has retreated to once more confirm the lower trend line of a dominant pattern.
The yellow metal has reached the upper trend line of a dominant ascending pattern.
By the middle of Tuesday's trading the USD/JPY had plummeted down to the 50.00% Fibo at 112.16.
On Tuesday, the GBP/USD traded between the resistance of the previously passed support of a large scale channel up pattern and the support of the weekly S1 at the 1.2975 mark.
The EUR/USD has retreated to once more confirm the lower trend line of a dominant pattern.
The yellow metal declined to the 1,222.00 level.
On Monday the USD/JPY trades above the 61.80 % Fibo.
The GBP/USD has declined even more than expected.
The EUR/USD trades between the 200-hour and the 55-hour SMAs.
The yellow metal continues to trade in limbo around the 1,230.00 mark.
On Friday the USD/JPY traded still below the resistance levels at 112.60.
The GBP/USD has declined even more than expected.
The EUR/USD has punched through the strong support cluster at 1.1460.